The Westin Grand Central hotel – once called “gloriously tacky” thanks to its Leona Helmsley-designed 1980s décor – is ready for its next act....

In August 2016, the Department of City Planning released a list of 16 properties it predicted might take advantage of a massive rezoning of...

Just five landlords lay claim to about half of Midtown East’s commercial square footage that the city plans to rezone to allow for taller...

(The above map shows the 16 sites identified by the city. Click on each site to see the current size of the properties and...

The City Council on Wednesday cleared the way for 6.5 million square feet of new office space to rise in Midtown East. The council...

The sale of 3.6 million square feet of air rights could net Midtown East landlords roughly $896.7 million over the next 20 years —...

Ceruzzi Properties and SMI USA have scored a $300 million construction loan that allows the developers to move ahead on a 72-story luxury condominium...

The City Council’s Land Use committee on Thursday unanimously approved the revised proposal to rezone Midtown East, complete with changes to air rights pricing...

A City Council committee has tweaked the rules surrounding the sale of air rights under the proposed Midtown East rezoning, decreasing the mandatory public...

The density boost that the Pfizer headquarters will automatically get under the Midtown East rezoning means that the pharmaceutical giant has a great reason...

The City Planning Commission on Wednesday unanimously approved the rezoning of Midtown East, a proposal that is expected to create 6.5 million square feet...

City Council member Dan Garodnick on Tuesday introduced a bill that will require the city to audit every air rights sale in Midtown East...

SL Green Realty executives Marc Holliday and Andrew Mathias agreed to personally buy stakes in One Vanderbilt that could net them up to 3...

Global pharmaceutical giant Pfizer is looking to sell its headquarters in Manhattan, a property that is becoming a contentious sticking point in the proposal...

After scoping out space in Hudson Yards last year, Hogan Lovells appears to be ready to pull the trigger on a new office on...

Midtown East may be on the verge of a growth spurt. City Hall has released a draft proposal to rezone Midtown East, which would...

(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on...

Sabr Group, a Midtown-based financial consulting firm, picked up a portfolio of four contiguous Midtown East townhouses from three different owners for $54 million,...

Following its $2 billion merger with DTZ last year, Cushman & Wakefield is negotiating for a new, consolidated headquarters to anchor L&L Holding’s unique...

Bentley Zhao’s New Empire Real Estate Development filed plans for its 49-story condominium tower at 131-141 East 47th Street in Midtown East. The residential...